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20121014
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the national press club. here's what i said yesterday at the new york city columbus day parade to the many bystanders. [speaking foreign language] that means everyone's italian. so it's tomorrow. so i'm back to not being italian anymore. there is perhaps no issue more complex than tax reform. but for all the disagreements on taxes as most policymaker, democrats, republicans, independents what the broad outline what tax reform might look like and you get a stark lingly consistent answer. broaden the base by getting rid of loopholes in the tax code that approach has distinguished lineage. ronald reagan and the 1986 congress invented this. in the upcoming talks on the fiscal cliff, we should scrap this. the old style of tax reform is obsolete in a 2012 world. it does not fit the times because there are two new conditions that did not exist in 1986 but are staring us in the face today. first, a much larger and much more dangerous deficit and second, a dramatic increase been income and inequality. old-style tax reform could make both conditions worse. but don't dismiss the old framework lightly
the city. for example, chuck schumer will be speaking about the presidential election and tax reform, and we will have that live on c-span radio. speaking of the presidential selection, we cover all of the debates. our preview, of the vice- presidential debate begins at 7:00 on c-span and c-span radio. we have special programming every day, "washington today." it is a news and interview program. we invite you to listen in and call and as we catch up on the latest news of the day. supreme court oral arguments air on c-span radio. this week, the high court is hearing an argument on affirmative action. that will take place tomorrow. the court releases their oral arguments once a week, and you can hear the case on c-span radio at 4:00 on friday. saturday night, "american history," followed by "book tv." we replay "meet the press" and more, sunday afternoon. host: c-span radio is aired here in washington, d.c. if they do not live here, how can they listen? guest: new technology has made the radio station available on a number of platforms. you can listen to us on satellite radio and find
the earmarks right now. that is a wonderful thing. businesses in cities and others can compete for federal grants on a merit-based basis rather than by political patron is. that was a terrible system we had, and it is a good riddance. i am proud of the road i played the role i played. the last thing we need is to go back to the earmark era where politicians in the house and senate are picking winners and losers. that is not what we need. what we need is for the federal government to establish and create an environment where the private sector can flourish. >> talking about earmarks is exactly the kind of craziness we do not need any more. earmarked -- $16 trillion debt. earmarked account for 1/2 of 1% of the federal budget. we are better off, but talking about that is like talking about a drop of water in the ocean. the government does not create jobs. the private sector creates jobs. if you one example, take a look at texas. the people in texas are close to the people in arizona. why and there -- is their economy doing so fantastic? they are consistently ranked as one of the top state fri
Search Results 0 to 2 of about 3